Taaleem Holdings PJSC

Taaleem Holdings P.J.S.C. and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the nine-month period ending on May 31, 2025.

Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, reported strong financial and operational performance for the first nine months of the 2024/25 academic year. Operating revenues increased by 18.5% year-over-year to AED 984.2 million, with premium school enrolment rising by 19.2%. The company's net profit reached AED 242.3 million, up 7.6% from the previous year, although the net profit margin declined by 2.5 percentage points to 24.6%. Taaleem expanded its premium school capacity by 28.0%, adding new schools and seats, and is set to further grow with the acquisition of Kids First Group, adding 34 nurseries to its portfolio. EBITDA rose by 11.8% to AED 378.9 million, with a gross profit increase of 14.9% to AED 493.5 million. The company is also expanding into early education and continues to grow its premium and super-premium offerings.

The board meeting of Taaleem Holdings PJSC took place on Thursday, July 3, 2025, from 3:00 PM to 5:00 PM. Eight board members attended, achieving an 89% quorum. The board resolved to approve and publish the Interim Condensed Consolidated Financial Statements for the nine-month period ending May 31, 2025. The authorized signatory for this decision is Khalid Al Tayer, the Chairman of the Board of Directors.

The letter is a formal notification from Alan Williamson, CEO of Taaleem Holding PJSC, addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. It informs him of a scheduled Board of Directors meeting for Taaleem Holdings PJSC on July 3, 2025, at 3:00 pm. The meeting will be held both at the company's premises and via remote attendance. The agenda includes reviewing and approving the Interim Condensed Consolidated Financial Statements for the nine-month period ending May 31, 2025, discussing routine business matters, and following up on company activities. The letter also mentions that other matters may be discussed with the Chairman's permission. A copy of the letter is sent to the Securities and Commodities Authority.

Taaleem Holdings PJSC has entered into an agreement to acquire Kids First Group Limited, which operates 34 nurseries across Dubai, Abu Dhabi, and Qatar. The final acquisition price is still being determined and may change due to permitted leakage provisions, with the price set using a lockbox mechanism. The acquisition is expected to be immediately cashflow accretive and aligns with Taaleem's strategy of disciplined and value-driven capital deployment. The sellers include People and Baby, a French company, and Camille Amine Najjar, the founder and CEO of KFG. The transaction was signed on 19 June 2025. There is no indication that the transaction involves related parties.

Taaleem Holdings PJSC, a prominent provider of K-12 education in the UAE, has agreed to acquire a 95% stake in Kids First Group Limited (KFG), a leading early-learning education provider in the GCC. The acquisition will be financed through a combination of equity and debt and is expected to be completed by the fourth quarter of Taaleem’s 2024/25 financial year, pending regulatory approvals. KFG operates 34 nurseries across Dubai, Abu Dhabi, and Doha, serving over 5,000 students with various curricula. This acquisition allows Taaleem to expand into the early-learning sector and enhance its value and earnings profile. KFG will continue to operate as a standalone unit within Taaleem, with its founder retaining a 5% stake and continuing as CEO. The current management team will remain in place to leverage their expertise. This move aligns with Taaleem’s strategy of providing scalable, high-quality education in the region.

The board meeting of Taaleem Holdings PJSC was held on Thursday, May 29, 2025, from 3:00 PM to 5:00 PM. All nine board members were present, achieving a 100% quorum. During the meeting, routine business issues were discussed, and the company's activities were reviewed. The authorized signatory for the meeting was CEO Alan Williamson.

A Board of Directors meeting for Taaleem Holdings PJSC is scheduled for Thursday, May 29, 2025, at 3:00 pm. The meeting will be held at the company's premises and via remote attendance to discuss routine business issues, follow up on the company's activities, and address any other matters with the Chairman's permission. This information is communicated by Alan Williamson, the Chief Executive Officer of Taaleem Holdings PJSC, with a copy sent to the Securities and Commodities Authority.